Mold-Tek Packaging Limited — Capital/Financing Update 2022

Sep 21, 2022

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Date: 21[st] September, 2022

	The Secretary, Listing Department, BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001. ScripCode: 533080	The Manager, Listing Department, National Stock Exchange of India Limited, Exchange Plaza, 5thFloor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-400051. Symbol: MOLDTKPAC - EQ

Dear Sir/Madam,

Subject: Outcome pertaining to Resolution passed by Circulation by the Board of Directors on 20[th] September, 2022.

We wish to inform you that the Board of Directors of Mold-Tek Packaging Limited, through Circular Resolution passed on 20[th] September, 2022, has approved the Forfeiture of 26,239 number of Detachable Warrants which are not exercised/tendered to be converted into Equity Shares at the completion of/within the Warrant Exercise Period as per the terms of Letter of Offer dated October 17, 2020.

Statement of Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, relating to Forfeiture of 26,239 number of Detachable Warrants which are not exercised/tendered to be converted into Equity Shares at the completion of/within the Warrant Exercise Period as per the terms of Letter of Offer dated October 17, 2020.

The Company in the best interest of the Warrant holders vide Newspaper Publication dated 3[rd] May, 2022, Stock Exchange Intimations dated 30[th] April, 2022, 4[th] May, 2022 and 12[th] May, 2022, and multiple reminders cum forfeiture notices to the Warrant holders at various times during the Warrants Exercise Period has requested all the Warrant holders for Conversion of Detachable Warrants into Equity Shares issued on Rights Basis, pursuant to the LOF dated October 17, 2020 and a total of 33,05,741 number of equity shares were allotted in lieu of Detachable Warrants which were exercised/tendered by the warrant holders by following the proper procedure as per the LOF dated October 17, 2020, within the Warrant Exercise Period and the remaining 26,239 number of Detachable Warrants have lapsed on account of not being exercised within the Warrant Exercise period in terms of the LOF and hence are liable to be forfeited. SUBHOJEET

SUBHOJEET Digitally signed by SUBHOJEET BHATTACHAR BHATTACHARJEE JEE Date: 2022.09.21 11:05:59 +05'30'

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In terms of the LOF, the Detachable Warrants which are not tendered to be converted into Equity Shares at the completion of the Warrant Exercise Period, shall lapse and the relevant holder(s) of such Warrants shall not be entitled to allotment of the Equity Shares against such Detachable Warrants.

Accordingly, the Board of Directors vide a Resolution passed by Circulation on 20[th] September, 2022, have approved the forfeiture of the remaining 26,239 number of Detachable Warrants which have lapsed as stated above. The Company will complete the procedural formalities regarding the forfeiture of such Detachable Warrants in due course.

Kindly take the above information on record.

Thanking you,

For Mold-Tek Packaging Limited

Digitally signed by SUBHOJEET SUBHOJEET BHATTACHARJEE BHATTACHARJEE Date: 2022.09.21 11:06:50 +05'30'

Subhojeet Bhattacharjee Company Secretary & Compliance Officer

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